Investing in real estate is more like an old profession. I remember my parents used to buy cheap land and then they sell it after a few years for a higher price. Some people would also borrow money from a lender and then eventually settle to pay them back with a land title since they don't have any cash available.
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| Photo from Pixabay |
I would also receive offers from friends to sell a property (house and lot) and then they told me it's up to me how much I wanted to add on top of the property's selling price so it got me to thinking that real estate can be pretty lucrative and generates substantial returns for both short and long term depending on how much time and effort you would render for it.
